DENVER — Colorado Office of Economic Development and International Trade announced a total of $7.3 million in Advanced Industries Accelerator grants Thursday to companies and educational institutions around the state, including in the Boulder Valley and Northern Colorado.

The following organizations, according to an ODEDIT news release, received funding:

Advanced Material Solutions, Inc.– Erie, CO $250,000 – AMS has developed a new technology to manufacture clad pipes for applications in multiple AIs to transport sour crude oil, carbon capture and storage, and other corrosive fluids (acids). AMS developed this technology because the existing clad pipe manufacture technologies are slow, expensive and have a long delivery time resulting in many projects being shelved. AMS’s founding team members are global technical and commercial experts with many years’ experience in the field.

MicroGrid Labs, Inc. – Boulder, CO $250,000 – Fleet electrification is both capital intensive and complex. It requires tools for detailed analysis and system sizing. MGL offers software to minimize costs and risks in electrification projects. The software helps develop the right charging strategy and optimize size and operation of vehicle batteries and charging/energy infrastructure. The unique nature of the solution is the joint modeling of transportation and energy. The platform is aimed at fleet operators, consultants and utilities.

Momentum Optics, LLC – Longmont, CO $250,000 – Momentum Optics is leveraging semiconductor processing techniques to develop an innovative manufacturing technology capable of producing optical components about 10X less expensively and 5-10X faster than traditional methods. Momentum Optics, LLC is solving the problem of long lead-times for custom optical lenses, a pain point for many companies as they seek a first-to-market advantage in an effort to capture early market share and create brand awareness.

Robotic Materials, Inc. – Boulder, CO $250,000 – RM provides the robotic AI to improve manufacturing efficiency. Robotic Materials provides an easy-to-configure mobility, pick-and-place, bin picking and assembly skills that fit right into the majority of manufacturing processes. Skills work right out of the box and are stackable, no programming needed. Monthly revenue using a SaaS-model on proven, standard hardware.

Vitrivax, Inc. – Boulder, CO $240,000 – Vitrivax, Inc. is partnering with prominent human and animal pharmaceutical companies globally to formulate their vaccines to be thermostable, and require only a single injection.

Xtract Medical – Louisville, CO $250,000 – Xtract Medical has built and patented a disruptive technology in stroke treatment that significantly improves patient outcomes, fits with existing catheters, and simplifies the surgeon’s life.